Ensign Financials
| EGB Stock | EUR 110.00 1.00 0.90% |
Ensign |
Understanding current and past Ensign Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Ensign's financial statements are interrelated, with each one affecting the others. For example, an increase in Ensign's assets may result in an increase in income on the income statement.
The data published in Ensign's official financial statements usually reflect Ensign's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Ensign Group. For example, before you start analyzing numbers published by Ensign accountants, it's critical to develop an understanding of what Ensign's liquidity, profitability, and earnings quality are in the context of the Healthcare space in which it operates.
Please note, the presentation of Ensign's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Ensign's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Ensign's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of The Ensign Group. Please utilize our Beneish M Score to check the likelihood of Ensign's management manipulating its earnings.
Ensign Stock Summary
Ensign competes with COGNYTE SOFTWARE, COLUMBIA SPORTSWEAR, Air Transport, URBAN OUTFITTERS, and CPU SOFTWAREHOUSE. The Ensign Group, Inc. provides health care services in the post-acute care continuum and other ancillary businesses. The Ensign Group, Inc. was founded in 1999 and is based in San Juan Capistrano, California. ENSIGN GROUP operates under Long-Term Care Facilities classification in Germany and is traded on Frankfurt Stock Exchange. It employs 23463 people.| Foreign Associate | USA |
| Instrument | Germany Stock View All |
| Exchange | Frankfurt Exchange |
| ISIN | US29358P1012 |
| Business Address | 29222 Rancho Viejo |
| Sector | Healthcare |
| Industry | Long-Term Care Facilities |
| Benchmark | NYSE Composite |
| Website | ensigngroup.net |
| Phone | 949 487 9500 |
| Currency | EUR - Euro |
You should never invest in Ensign without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Ensign Stock, because this is throwing your money away. Analyzing the key information contained in Ensign's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Ensign Key Financial Ratios
Generally speaking, Ensign's financial ratios allow both analysts and investors to convert raw data from Ensign's financial statements into concise, actionable information that can be used to evaluate the performance of Ensign over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Ensign Group reports annually and quarterly.Ensign Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ensign's current stock value. Our valuation model uses many indicators to compare Ensign value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ensign competition to find correlations between indicators driving Ensign's intrinsic value. More Info.The Ensign Group is one of the top stocks in return on equity category among related companies. It is one of the top stocks in return on asset category among related companies reporting about 0.30 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for The Ensign Group is roughly 3.36 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Ensign by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ensign's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ensign's earnings, one of the primary drivers of an investment's value.Ensign Group Systematic Risk
Ensign's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ensign volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Ensign Group correlated with the market. If Beta is less than 0 Ensign generally moves in the opposite direction as compared to the market. If Ensign Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ensign Group is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ensign is generally in the same direction as the market. If Beta > 1 Ensign moves generally in the same direction as, but more than the movement of the benchmark.
About Ensign Financials
What exactly are Ensign Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Ensign's income statement, its balance sheet, and the statement of cash flows. Potential Ensign investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Ensign investors may use each financial statement separately, they are all related. The changes in Ensign's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ensign's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze Ensign Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Ensign is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Ensign has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Ensign's financials are consistent with your investment objective using the following steps:- Review Ensign's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Ensign's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Ensign's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Ensign's stock is overvalued or undervalued.
Ensign April 19, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Ensign help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of The Ensign Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of The Ensign Group based on widely used predictive technical indicators. In general, we focus on analyzing Ensign Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ensign's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.46 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 8.2 | |||
| Value At Risk | (1.80) | |||
| Potential Upside | 2.75 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in The Ensign Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for Ensign Stock analysis
When running Ensign's price analysis, check to measure Ensign's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ensign is operating at the current time. Most of Ensign's value examination focuses on studying past and present price action to predict the probability of Ensign's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ensign's price. Additionally, you may evaluate how the addition of Ensign to your portfolios can decrease your overall portfolio volatility.
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